ICC’s Oceanfront Service Apartments offers investment opportunity

23 September 2024 12:15 am Views - 24

Oceanfront Service Apartments on Marine Drive by the International Construction Consortium (ICC) offers a unique and lucrative investment opportunity for discerning investors. 

This 21-storey beachfront property, featuring 118 luxurious apartments, provides excellent potential for both capital appreciation and steady rental income. What makes Oceanfront Service Apartments stand out is the fact that they are service apartments, a concept that offers greater flexibility and appeal to both short-term and long-term tenants. 
The investors can tap into the lucrative tourism market, with service apartments offering an attractive alternative to traditional hotels. With Colombo being a key hub for business and tourism, demand for such premium, fully managed residences is set only to rise. For both tourists and business travellers, service apartments offer the perfect blend of luxury, privacy and convenience.

Location is another key factor driving this investment opportunity. Situated on Colombo’s vibrant Marine Drive, Oceanfront Service Apartments boasts breathtaking ocean views and offers unparalleled access to the city’s amenities. Marine Drive is known for its mix of upscale restaurants, cafés, entertainment venues and easy access to key business districts, making it an ideal choice for both residents and tourists. In addition to its scenic and convenient location, Colombo is undergoing rapid urbanisation and infrastructure development, further increasing the value of properties in the area. Proximity to major business hubs, international schools, hospitals and shopping centres enhances the long-term investment potential. With its 21 floors of luxury living, strategic location and world-class amenities, Oceanfront Service Apartments on Marine Drive presents an exceptional opportunity for investors. The combination of these perks ensures that investors’ returns on investment are secured, as the high demand for such premium apartments continues to grow.